Yamaha, a Japanese two wheeler maker, has unveiled its new superbike in the Indian market.

The superbike, which is named as ‘V Max’, will be priced at Rs 20 lakh.

The new bike has 1679cc engine. The company is hoping to acquire 10% market share in India by 2012.

Company’s top official told reporters that they are anticipating 3 times growth in sales during the upcoming festival season.